nemo paradise

About nemo paradise

Nemo has been perversely fascinated by finance since emergence from college as an English major with little or no math. His opinions, analysis and observations are generally subjective, and employ vast amounts of quantitative analysis the same way that an elephant turns savannahs into useful energy, with impressive piles of dung as a by-product. Nemo has been professionally employed in the trading and analysis of and commentary on financial markets since 1972. Nemo makes no short-term predictions, except when seized by caprice. The future is inherently unknowable, but is subject to analysis. Very, very infrequently, this analysis uncovers situations where outcomes are not random over the longer term. And, as you can tell, Nemo is a smug son of a bitch who has learned from his mistakes to guard his projections very, very carefully, but has no hesitation in attacking like a starving wolverine the misconceptions, idiotic assumptions and howling fallacies that financial pundits offer with stunning frequency.

You Ain’t Seen Nothin’ Yet
nemo paradise

“Is this something yet,” asks our publisher. Oh, yes. It’s really something, and he’s right (for once) that there actually is a very important technical event out there. Will we break through 15,500 on the Dow in a convincing selloff? … Continue reading

“He hath outsoared the shadow of our night….”
nemo paradise

David Bowie, a genius, is dead. Among other remarkable achievements, he predicted Obama. … Continue reading

Right On Time
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Some students at Oberlin College and Conservatory are mad as hell, and they’re not going to take it any more. They are mad about a lot of things, but mostly they seem to be mad about the way the Jazz … Continue reading

Paging Loretta: Hate Speech Alert!
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From my favorite high school lunchroom blog, Gawker: Student activists at Lebanon Valley College are asking the school to change the name of Lynch Hall because of its racial connotations, even though it is named for a former school president … Continue reading

And — oh, yeah . There’s just one more little thing….
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The kids at Brown catch on fast: Students at Brown University occupied the president’s office Thursday afternoon to protest a proposed $100 million diversity action plan, arguing it doesn’t go far enough. The students then declared that, rather than wait … Continue reading

The Insult Continues
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Tonight in the very center of New York City the municipal government will conduct a barbarous event that celebrates pagan tradition, projects religious intolerance, increases global warming and triggers feelings of unsafety for billions of the earth’s citizens. It involves … Continue reading

BlackRock, Blackstone To Change Names
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Two of the largest investment management groups in the United States have jointly announced their decision to change their names in response to “a changing social climate.” A spokesman for the Blackstone Group, a multinational investment adviser, investment bank and … Continue reading

Nemo Rings Back
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This should ring a few of nemo’s bells…. Some years ago, I gave my oldest daughter, then seven years old, a laptop. She loved it, and quickly mastered rudimentary programs like WordPerfect and Paintbox. But the internet was still young; … Continue reading

I’m not sure how this turns out…
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I just watched the Trump SNL episode, and I think that Trump just proved that he has the biggest set of balls ever in the history of electoral politics. Whether this helps him or hurts him, I’m not sure, but … Continue reading

Eye Bleach Time
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As is our daily habit, because it never fails to disappoint, we were wandering through the comments on Gawker this morning, when we came upon this gem, referring to the recent Dem debate: Hillary waxed everyone’s ass!!! … Continue reading

Good Riddance At Last Thanks Be To Dead Man
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That bloviating shadow of a conscience the press calls “Joe Biden” has just gone on TV from the White House Rose Garden to blame his dead son for derailing his presidential campaign. Biden noted immediately that grief has no timetable, … Continue reading

That train is never late….
nemo paradise

There’s a kerfuffle going on at Wesleyan University over an op-ed piece the student newspaper, The Argus, published recently, in which the author suggested that “Black Lives Matter” has advocated using violence against police. The response — a petition signed … Continue reading

nemo explains it all
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Tonight promises us the most significant political event in recent history, as a large field of candidates for the Republican nomination take the stage to engage in thoughtful and nuanced discussion of complex issues ranging from income inequality and student … Continue reading

The Honorable Gentleman
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How about this monument to the great god Idiot: “I mean, if there’s 10 people who have been accused, and under a reasonable likelihood standard maybe one or two did it, it seems better to get rid of all 10 … Continue reading

Where have you gone, Bill De Blasio…?
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What happened? The last time we heard from the mayor of New York City, he was loudly complaining about the bitch-slapping he had just received from his erstwhile “partner,” NY Governor Andy Cuomo — but that was ages ago. Rumors … Continue reading

We, The People
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There will be no more “tests” of “fitness.” There will be no more polite agreements on what can and cannot be said. There will be no more concessions to consensus, or correctness, or confused thinking. There will be unpleasant truths, … Continue reading

And now for something just heartbreakingly beautiful….
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Enough gloom. Herewith we present something miraculous. You may have heard it before, but not quite like this. http://m.sytecee.com/index.php?page=videos&section=view&vid_id=104312 Get well Quick, Bill. … Continue reading

All your balls are belong to us
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Ah, summer ebbs, and across the land campuses prepare to welcome students to an exciting new year of exploration and discovery, aspiration and achievement, and, in Madison, Wisconsin, tut-tutting and tsk-tsking. The Margaret Cuninggim Women’s Center of the University of … Continue reading

Farmer, meet golden goose
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I’d like to take advantage of the proprietor’s absence owing to his damaged state to introduce a rare sports story to this site, which shall be very, very brief. There are hundreds, if not thousands, if not hundreds of thousands … Continue reading

Rem Acu Tetigisti
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Today Ann Coulter (who may not be to everyone’s taste around here) posted a remarkably terse and spot-on instruction guide on how to write a NY Times Op-Ed piece. Here’s the money quote: The main point to keep in mind … Continue reading

Support your local police
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The lieutenant governor of Texas said attitudes toward police officers need to change, beginning with addressing cops as “sir and ma’am all of the time.” This from PJ Media, along with other helpful instructions issued by the august Lt. Gov, … Continue reading

The end of days?
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Ever since I was a tyke, my ears have rung with prophesies of doom issued by wrathful soothsayers, ranging from elder relatives despairing this or that sad state of affairs and clergy at various school chapels hurling promises of hellfire, … Continue reading

Daily Market Crumble
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Wasn’t that fun? So far this year we’ve had much to entertain us, from international triumphs like our killer deals with Iran and China and our many victories over ISIS, to domestic pageantry involving menstruating anchors and now, Joe Biden, … Continue reading

Daily Market Comment
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Tomorrow’s US opening ought to be a real thriller. Asia and Europe have yet to open, but I’m betting on an initial bloodbath, followed by a brief intra-day rally, and then another long slide down. Bet we finish off about … Continue reading

Scary Pictures
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Gawker is attempting to soothe the troubled brows of their brethern with this photo: I’m countering with this: … Continue reading

Daily Market Comment And A Thought About The 2016 Election
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A few days ago I began musing about the stock market again, because, after a very, very long time, it seemed like a good thing to do. And what I mused was, “What can make this go up?” If, therefore, … Continue reading

Gimme That Old Time Religion
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We admire the new policy of the left, which demands that all Bernie Sanders campaign speeches be shut down because black lives matter: http://thehill.com/blogs/blog-briefing-room/news/250667-protesters-interrupt-bernie-sanders-rally … Continue reading

All Your Texts Are Belong To Us
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Trivial, but interesting: Roger Goodell, possibly the most inept sports czar since Sepp Blatter, has reviewed his own decision to suspend Tom Brady, possibly the greatest quarterback ever to play football, for four games, and decided that It Was Just. … Continue reading

Grammar Lesson
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I usually leave the gun stuff to Bill, but this graphic recently came to light, which clears up all of the chitter-chatter about what the 2nd Amendment actually says and clearly means. Diagramming a sentence was a skill that every … Continue reading

Just for you, Bill
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One of my more disgraceful pastimes, as Quick knows, is my fascination with Gawker, which I shall not even begin to try to explain here. (It began when one of my nieces — a bright, entertaining young lady with an … Continue reading

This little piggie squealed ‘wee wee wee” all the way home.
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Moody’s downgraded Chicago’s municipal debt to junk status today. Rahm was irate, and spoke truth to power: “While Chicago’s financial crisis is very real and at our doorsteps, today’s irresponsible decision by Moody’s to downgrade the City’s credit by two … Continue reading

Wait a minute….
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This Maya Angelou stamp flap intrigues me, because the more I dug into it, the more confusing things became — not so much about the stamp, which is just a garden-variety bureaucratic blunder, but about Dr. Angelou. To recap the … Continue reading

Vive le difference!
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From the website of a very highly ranked liberal arts college in the Northeast, we present a list of the housing options open to students after their freshman year. Additionally, not listed, are various general purpose residential buildings. The options … Continue reading